AIST
Board Committees
The AIST Board has the authority to establish board committees
and ad hoc committees to assist its work, but retains overriding
responsibility for any delegated activity. Within this context the
Board may:
- Delegate any of its powers to a committee
- Appoint the chair of a committee
The Board determines the Chairperson of each committee at its
first meeting each year. The composition of the committees may
include AIST directors and/or staff and industry experts who are
also AIST members. The committees report to the Board and must
exercise their delegated powers in accordance with any board
directions.
Each committee established by the Board is required to adopt a
charter that must be approved by the Board. The charter must set
out the committee's composition, responsibilities and other matters
relating to its effective operation. All committees must adhere to
the principles contained in the AIST Board Charter.
Quicklinks
Governance and
Professional Standards Committee
The Board has established the Governance &
Professional Standards (GPS) Committee to oversee the following
activities:
- Development of AIST's Governance & Professional Standards
Platform;
- Identification of Governance & Professional Standards
initiatives to be undertaken by AIST;
- Monitoring superannuation Governance & Professional
Standards developments;
- Providing input for the preparation of AIST submissions
regarding superannuation Governance & Professional
Standards;
- Proposing initiatives to the Board with respect to agreed
policies;
- Assisting with the preparation of Governance & Professional
Standards papers;
- Representing AIST at meetings with industry policy makers when
required;
- Making recommendations to the Board for research projects
regarding superannuation Governance & Professional Standards;
and
- Suggesting Governance & Professional Standards topics for
conferences and seminar lunches.
- Overseeing the development of the annual Fund Governance
Conference
- Developing and updating the AIST Fund Governance
Guidelines
- Developing individual policies to underpin the AIST Fund
Governance Guidelines
The
Governance and Professional Standards
Committee Charter features a full outline of the
Committee structure and duties.
Our guidelines stipulate disclosing the names of those
who sit on the committee. Below are the GPS committee
members:
|
Gerard Noonan - Chair
|
Andrew Fairley
|
Angela Emslie
|
Brian Daley
|
|
Cath Bowtell
|
Cate Wood
|
Cristina Cifuentes
|
Fiona Trafford-Walker
|
|
Kaye Wheatley-Brown
|
Louise Davidson
|
Peter Bugden
|
Philip Mussared
|
|
Phil Spathis
|
Fiona Reynolds
|
Eva Scheerlinck
|
Tom Garcia
|
|
Rob Demasi
|
Richard Webb
|
Policy & Research
Committee
The Policy & Research Committee is a board business
committee, with the delegated authority and responsibility of the
following activities:
- Development of AIST's Policy Platform and specific policies
stemming from it
- Monitoring superannuation policy developments
- Providing input for the preparation of AIST submissions
- Proposing initiatives to the Board with respect to agreed
policies
- Assisting with the preparation of policy papers;
- Representing AIST at meetings with industry poliy makers when
required
- Making recommendations to the Board for research projects
- Overseeing approved research projects
- Suggesting policy topics for conferences and seminar
lunches
The Policy &
Research Committee Charter features a full outline of
the Committee structure and duties.
|
Gerard Noonan - Chair
|
Fiona Reynolds
|
David Haynes
|
Tom Garcia
|
|
Eva Scheerlinck
|
Janet de Silva
|
Richard Webb
|
Alissa Harnath
|
|
Julie Lander
|
Karen Volpato
|
Andrew Proebstl
|
Alix Sachinidis
|
|
David Smelt
|
Beth Mohle
|
Bruce McBain
|
Hans van Daatselaar
|
|
Deborah Ralston
|
Andrew Whiley
|
Chris Altis
|
Finance, Audit & Risk
Committee
The Finance, Audit & Risk Committee is a Board business
committee, with the delegated authority and responsibility of
overseeing AIST's financial operations, audit requirements and risk
assessments, in particular:
- Monitoring the accounts against the approved budget
- Monitoring cash flows
- Overseeing the preparation of finance reports for the
Board
- Ensuring that AIST complies with all relevant accounting
standards
- Overseeing preparation of annual accounts
- Ensuring transparency of member reporting
- Making recommendations to the Board regarding the appointment
of an auditor
- Actively monitoring AIST's risk management framework
- Overseeing the preparation of risk management reports for the
Board
- Reviewing relevant policies and procedures annually
- Reviewing contractual arrangements prior to presentation to the
Board
- Conducting an annual risk management review
The Finance, Audit & Risk
Committee Charter document contains a full outline of
the Committee structure and duties.
Our guidelines stipulate disclosing the names of those who sit
on the committee. Below are the finance committee members:
|
David Coogan - Chair
|
Ann Drohan
|
Greg Cantor
|
|
Debora Jackson
|
Fiona Reynolds
|
Maryann Mannix-White
|
|
Tanya Tran
|
Remuneration
Sub-Committee
The Remuneration Sub-Committee is a board business committee,
with the delegated authority and responsibility of overseeing the
CEO's role and AIST's staff remuneration, in particular:
- Assess the CEO's role against the position description
- Assess the KPIs for the CEO position
- Assess the CEO's performance against the outcomes for the
business and strategic plans
- Assist the CEO with any senior staff appointments, as
required
- Set annual bonuses for AIST staff and any pay increases outside
the AIST EBA
The Remuneration
Sub-Committee Charter contains a full outline of the
Committee structure and duties.
|
Gerard Noonan
|
Angela Emslie
|
Fiona Reynolds
|